What is Bitcoin?

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Bitcoin is decentralized: it is not subject to government or financial institution control.

What is Ethereum?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

Ethereum is powered by the Ether token. Ether can be traded for fiat currencies or other digital currencies on a number of exchanges.

What is Cronos?

Cronos is a Canadian company that is focused on the production and distribution of medical cannabis.

What is the Exchange?

The Exchange is a platform where users can buy and sell cryptocurrencies.

What is Bitcoin Mining?

Bitcoin mining is the process by which new Bitcoin are created. Miners are rewarded with Bitcoin for verifying and committing transactions to the blockchain.

What is a Blockchain?

A blockchain is a public ledger of all Bitcoin transactions. It is constantly growing as completed blocks are added to it with a new set of recordings. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Bitcoin nodes use the block chain to differentiate legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.

What is Bitcoin?

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Bitcoin is decentralized: it is not subject to government or financial institution control.

What is Ethereum?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

Ethereum is powered by the Ether token. Ether can be traded for fiat currencies or other digital currencies on a number of exchanges.

What is Cronos?

Cronos is a Canadian company that is focused on the production and distribution of medical cannabis.

What is the Exchange?

The Exchange is a platform where users can buy and sell cryptocurrencies.

What is Bitcoin Mining?

Bitcoin mining is the process by which new Bitcoin are created. Miners are rewarded with Bitcoin for verifying and committing transactions to the blockchain.

What is a Blockchain?

A blockchain is a public ledger of all Bitcoin transactions. It is constantly growing as completed blocks are added to it with a new set of recordings. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Bitcoin nodes use the block chain to differentiate legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.